We’ll get NO help from Osamabama,McLame or their supporters in fixing world financial crisis in 2008 and beyond. Its like fighting a fire with gasoline. The RINOs and the RATS are responsible for the situation.
In my mind, dumb lenders and dumb borrowers are mostly responsible for the situation. My guess is the dumb lenders thought they wouldn't take big losses if the dumb borrowers defaulted.
You can blame regulators and politicians for hosting the party, but it is the responibility of the guests to know when to stop drinking from the punch bowl..